Chinese Food and Drug Administration Approves Gabexate Mesylate as Pharmaceutical Raw Material
08 Oktober 2009 - 7:00AM
PR Newswire (US)
NANTONG CITY, China, Oct. 8 /PRNewswire-Asia-FirstCall/ --
Sinobiopharma, Inc. (OTC:SNBP) (BULLETIN BOARD: SNBP)
("Sinobiopharma") (the "Company") is pleased to announce that the
Company received a certificate for the use of Gabexate mesylate as
a pharmaceutical raw material (Certificate #2009S01805) from the
Chinese State Food and Drug Administration ("SFDA"). Gabexate
Mesylate is a serine proteinase inhibitor used therapeutically in
the treatment of pancreatitis, disseminated intravascular
coagulation (DIC), and as a regional anticoagulant for
hemodialysis. The drug inhibits the hydrolytic effects of thrombin,
plasmin, and kallikrein, but not of chymotrypsin and aprotinin. The
Company is now awaiting GMP certification to manufacture Gabexate
mesylate. About Sinobiopharma Sinobiopharma, Inc. is a fully
integrated and highly innovative specialty biopharmaceutical
company engaged in the research and development, manufacture and
marketing of biopharmaceutical products in China, the world's
fastest growing pharmaceutical market. Known as Dong Ying (Jiangsu)
Pharmaceutical Co., Ltd. in China, the Company's current
therapeutic focus is on anesthesia-assisted agents and
cardiovascular drugs. FORWARD LOOKING STATEMENTS This news release
may include "forward-looking statements" regarding Sinobiopharma,
Inc., and its subsidiaries, business and project plans. Such
forward looking statements are within the meaning of Section 27A of
the Securities Act of 1933, as amended, and section 21E of the
United States Securities and Exchange Act of 1934, as amended, and
are intended to be covered by the safe harbor created by such
sections. Where Sinobiopharma, Inc. expresses or implies an
expectation or belief as to future events or results, such
expectation or belief is believed to have a reasonable basis.
However, forward-looking statements are subject to risks,
uncertainties and other factors, which could cause actual results
to differ materially from future results expressed, projected or
implied by such forward-looking statements. Sinobiopharma, Inc.
does not undertake any obligation to update any forward looking
statement, except as required under applicable law. DATASOURCE:
Sinobiopharma, Inc. CONTACT: Web Site:
http://www.sinobiopharma.com/
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